What does Trump’s election mean for EVs, Tesla, and Elon Musk?
On the campaign trail, Donald Trump said a lot of things about electric vehicles. He said he would “end the electric vehicle mandate on day one,” that EVs “don’t work,” and that they benefit China and Mexico while hurting American autoworkers.
But he has also closely aligned himself with Elon Musk, who runs the biggest EV company in the US. And he will likely have Musk continuing to whisper in his ear on important policy matters moving forward, even going so far as to promise to appoint the mercurial billionaire to a role in his administration.
So now that he’s the president-elect, what will he actually do that will affect the auto industry and its tenuous shift to electric vehicles?
First off, he said he would “rescind all unspent...